Jack deposits the following amounts in a savings plan which pays 9.5% per annum, compoundedmonthly:

• $1992 today,
• $1200 at the end of year two and
• $3300 at the end of year three.

The amount he will have in exactly 3 years is closest to:

Select one:

a.$7265.01

b.$7395.93

c.$7229.36

d.$7026.12